Personal Injury & Torts
Oct. 14, 2009
Settlement Transfer Bill Gets OK
Courts must scrutinize structured settlement transfers more closely under a bill signed by Gov. Arnold Schwarzenegger.
Daily Journal Staff Writer
Courts must scrutinize structured settlement transfers more closely before approving them, under a bill signed by Gov. Arnold Schwarzenegger on Sunday.
SB 510, authored by Sen. Ellen Corbett, D-San Leandro, requires the court to examine the payee's income, maturity level, future medical expenses and dependents when deciding if a payment transfer is in their best interest. The bill ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In